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5 Big Lessons Popular Personal Finance Advice Gets Wrong

Gen Y Planning

This allowed her to save for her first home and pay her debt more aggressively. But before writing it off completely, consider the benefits of renting (and there are many!). Lesson #3: “Avoid Debt” If you’re human, there’s an excellent chance you’ll have to take on debt at some point.

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17 Best Ways to Invest $2,000 to $3,000

Good Financial Cents

Having $2,000 to $3,000 to invest is a good feeling, but how you allocate those funds can impact your finances more than you might realize. High-Yield Savings Account. High-Yield Certificates of Deposit. Short-Term Corporate Bond Funds. Pay Down High-Interest Debt. Start a Blog . Open a Roth IRA.

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5 Big Lessons Popular Personal Finance Advice Gets Wrong

Gen Y Planning

This allowed her to save for her first home and pay her debt more aggressively. But before writing it off completely, consider the benefits of renting (and there are many!). Here are five pieces of popular personal finance advice we can almost guarantee you’ve heard before and why you shouldn’t necessarily take it.

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How Wealthy People Invest Their Money for High Returns

WiserAdvisor

You may wonder how the rich keep their money and where they invest for high returns. While the lifestyles of the rich may appear out of reach for many, the strategies they employ to invest their money for high returns are often accessible to anyone willing to follow in their footsteps.

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16 Smart Ways to Invest $15,000 for the Long Haul

Good Financial Cents

High-Yield Savings Accounts . Pay Off High-Interest Debt. High-Yield Savings Accounts. If you have $15,000 to invest but plan to use the cash in the next few years, a high-yield savings account could be the way to go. Take the high-yield savings account from UFB Direct , for example. Auto-Pilot Investing.

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The Best Way To Invest $20k

Clever Girl Finance

And you’ll also discover their benefits, risks, and how to approach the decision-making process. ​​So, Short-term investment strategies are also great for building your emergency fund—as long as they aren’t too risky. A high-yield savings account is like a regular one. In other words, YOU become the “bank.”

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The Best Way To Invest $20K

Clever Girl Finance

You'll also discover their benefits, risks, and how to approach the decision-making process. ​​So, Short-term investment strategies are also great for building your emergency fund as long as they aren't too risky. A high-yield savings account is like a regular one. It offers a unique combination of high returns and low risk.